Divisible Office
New
For Sale
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534 Main St Suite #6, Medina, NY 14103
A second-floor office layout includes private restrooms and access by front stairs or a rear elevator.
Property Size2,000 SF
Price / SF$1.20
Days on Market2
Property Features for 534 Main St Suite #6
General Information
Standard status
Active
Size
2,000 SF
Elevators
Yes
Additional Details
Floor
2
Road Access
Yes
Listing Agency:
Berkshire Hathaway Homeservices Zambito Realtors
(585) 798-9898
Listed By:
Tammy L Fearby · License #30FE1005792
(716) 239-0185
Source:
Nicholcityrealty
Added: Oct 19
Last Checked: Oct 19 at 2:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Homeservices Zambito Realtors
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Investment Insights
Based on property information with market context.
Suite 6 is a second-floor office unit at 534 Main St, with six offices across 2,000 square feet and two private restrooms. The layout includes a former common hallway and may be reconfigured into 4–6 separate office spaces. One 666-square-foot office has its own entrance from the building’s common hallway and can be separated from the adjoining 188-square-foot office by closing the connecting passage.
Access is available by the front staircase on Main St or by entering at the rear and using the elevator. The property’s parking lot measures 26,000 square feet and has 67 spaces.
Access is available by the front staircase on Main St or by entering at the rear and using the elevator. The property’s parking lot measures 26,000 square feet and has 67 spaces.
Key Highlights
- 2,000‑square‑foot second‑floor office suite with six offices
- Two private restrooms
- Potential to configure the suite into 4–6 separate office spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,764
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,280
$575.3K
Cap Rate 7%
$410,914
$410.9K
Cap Rate 9%
$319,600
$319.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$48.0K $24.00/SF
− Vacancy
−$9.6K −$4.82/SF
EGI
$38.4K $19.18/SF
− OpEx
−$9.6K −$4.79/SF
NOI
$28.8K $14.38/SF
Area
Orleans County, NY
Vacancy
20.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$575,280
Cap Rate 7%
$410,914
Cap Rate 9%
$319,600
Alternative Uses
Best Use
Office B
$410.9K
$359.6K – $479.4K
NOI $28,764 @ 7.0% cap · market cap 1,198.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$547.9K
$479.4K – $639.2K
NOI $38,352 @ 7.0% cap · market cap 1,598.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
Demographics for 14103, NY
10,589
Population
4,769
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
84%
High-School Grad
78.9 sq mi
ZIP Area
134
Density / Sq Mi
$68,781
Median Household Income
$41,667
Median Earnings
$911
Median Rent
$127,100
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A second-floor office layout includes private restrooms and access by front stairs or a rear elevator.
Where is this office unit located?
The property is located at 534 Main St Suite #6 Medina, NY.
What are key features of this property?
This property features: 2,000‑square‑foot second‑floor office suite with six offices; Two private restrooms; Potential to configure the suite into 4–6 separate office spaces
